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Recent events tied to this brand in public sources.
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2021
Bangladesh Bank fines Southeast Bank over single-stock exposure
Bangladesh Bank imposed a Tk 21.50 lakh fine on Southeast Bank after it failed to reduce its investment in a single stock to the regulatory limit. The article says the bank's investment exceeded the limit and reports that a central-bank probe found the bank had transferred shares between its own accounts rather than actually selling them.
2021
Bangladesh Bank fines Southeast Bank for investment-limit violations
Bangladesh Bank fined Southeast Bank Tk 10 lakh for investing an excessive amount in a single company. A central bank probe found that the bank's investment in National Life Insurance Company exceeded the permitted ceiling and that the shares had been transferred between the bank's accounts rather than actually sold.